The second part of the rationale @Sk1nman is what I have written about extensively over at MEP and that is the incomprehensible (IMHO) valuation gap between ADN & MEP and my conviction that ADN will make a bid for MEP at some point in the future. I could very well be wrong!
Like many others here I held both ADN & MEP but when it came time to sell the 50% ownership of NNPL compelled me to exit ADN & buy more MEP. I have said that I would invest a lot of money in NNPL if it was a separately listed company so I don't think anyone can question my bullishness on HNT/NNPL.
Everyone has to work out their own investment strategy. I have consistently outlined mine for everyone to see.
General comments/chat, page-20272
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.31M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.1¢ | $35.79K | 1.694M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3224519 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 755144 | 9 |
View Market Depth
| Last trade - 13.39pm 06/06/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
0.000 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.2¢ | 2.1¢ | 1629006 | ||
| Last updated 13.39pm 06/06/2024 ? | |||||
| ADN (ASX) Chart |